Deeply concerned like many Nigerians about the emergent, debilitating and protracted security challenges Nigeria currently faces, the Committee of Retired
Still on the Debt Question - THISDAYLIVE thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
On the bilateral level, Nigeria’s total debt to various institutions is about $3.949 billion, or 12.54 per cent of the total debt stock. They consist of those to Chinese financial institutions, including a Exim Bank of China, $3.241billion; French institutions (Agence Francaise Development), $403.65milion; Japanese (Japan International Cooperation Agency), $76.69million; India (Exim Bank of India), $34.87million; and Germany (Kreditanstalt Fur Wiederaufbua), $192.71 million.
The outgoing President, Muhammadu Buhari, has made sure he is leaving a huge debt profile of N80 trillion when he leaves The Villa on Monday, May 29. Well, well, well. While he will be celebrating in Daura or in Niger Republic, we shall be sorting out the mess he has created for us in last…